Xbox 360 gets drastic price cut in Japan

Crave, 2nd September 2008

While U.S. gamers wait for rumors of Xbox 360 price cuts to bear out, their counterparts in Japan got very good news on that front Monday. At a media event in Tokyo, Microsoft said it will slash retail prices of its video game console by about 30% in an effort to better compete with rivals as the crucial holiday shopping season nears.